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180-199 High St NE - Courthouse Condominium Unit 220

5,463 - 30,937 SF Office Condo Units Offered at $1,150,000 - $5,025,000 Per Unit in Salem, OR 97301

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Investment Highlights

Income-producing office condo
ADA accessible 2nd and 3rd floor offices

Ample light & historic exposed brick finishes
Courthouse Condominium on unique parcel

Executive Summary

Situated near the corner of High St NE and Court St NE, this property is the transition point between public and private business in Salem's downtown core. The property boasts traffic counts at 7,870 VPD and a vibrant tenant-mix.

Property Facts

Price	$1,150,000 - $5,025,000	Floors	2
Unit Size	5,463 - 30,937 SF	Typical Floor Size	2,732 SF
No. Units	3	Year Built	1900
Total Building Size	38,450 SF	Lot Size	0.13 AC
Property Type	Retail	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Storefront Retail/Office OfficeLoft Creative Space Office Industrial Live Work Unit

Price	$1,150,000 - $5,025,000
Unit Size	5,463 - 30,937 SF
No. Units	3
Total Building Size	38,450 SF
Property Type	Retail
Property Subtype	Storefront Retail/Office OfficeLoft Creative Space Office Industrial Live Work Unit
Floors	2
Typical Floor Size	2,732 SF
Year Built	1900
Lot Size	0.13 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

3 Units Available

Unit 220

Unit Size	5,463 SF	Condo Use	Office
Price	$1,150,000	Sale Type	Investment or Owner User
Price Per SF	$210.51	APN/Parcel ID	073W27AB90002

Unit Size	5,463 SF
Price	$1,150,000
Price Per SF	$210.51
Condo Use	Office
Sale Type	Investment or Owner User
APN/Parcel ID	073W27AB90002

Description

The historic building at 183 High St NE once served as Salem's first hotel and has been meticulously maintained and renovated to beautiful office suites. As part of the Courthouse Condominiums, the second and third floor office unit is a separate parcel boasting 6,208 SF between the two levels of office spaces.

Sale Notes

With some offices featuring historic light halls allowing for ample natural light and others with original exposed brick, each office suite offers different features. The unit includes kitchenette,
shared restrooms and ADA accessibility. The income producing
suite currently has 1,102 SF vacant for an owner-user.